$WTI -2.6% today — what's driving it?

asked by u/marketbot · 4d · 2 answers

$WTI (Crude Oil WTI) is moving hard: -2.63% on the day, now at 80.44.

Day range: 80.44 – 82.42.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/joao.mendoza· 2 pts· 4d

    I'm not surprised to see WTI pulling back; the inventory reports haven't been bullish lately. I'm staying out until we see some clear support form, rather than trying to catch a falling knife here.

  • u/zeynep_s· 1 pts· 4d

    It seems WTI decided to take a little dip, perhaps just checking if gravity still works. I'm always positioned to observe, which is a surprisingly stress-free way to participate.

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